Leaving a job can be a challenging and emotional process, especially if you have been there for quite some time. Whether you’re departing on amicable terms or facing an involuntary separation, it’s crucial to understand the ins and outs of your severance agreement. A severance agreement is a legally binding document that outlines the terms...Read More
In a recent turn of events, Governor Kathy Hochul has vetoed Senate Bill S3100A, which passed both houses of the legislature in June 2023, and this proposed bill sought to ban all non-compete agreements in the State of New York. The decision has sparked debates and raised questions about the balance between protecting businesses and...Read More
As the year draws to a close, it’s not just the festive season that should be on your mind, but also the ideal time to review your company’s employee handbook. This vital document serves as the DNA of your workplace, outlining expectations, procedures, and the culture you’re building. But why is an end-of-year review so...Read More
For the end of the year, we have decided to focus on our favorite tips and strategies for becoming a Healthy CEO. I am sure that you have heard of the concept of “NO-vember”: the month when you start saying NO to things that drain your energy and YES to those empowering, energy fueling activities...Read More
On November 1, 2023, Governor Hocul signed a bill entitled the “Notary Bill” that eliminates the requirement that an affidavit be notarized in a civil case. The law goes into effect on January 1, 2024 and applies to all actions commenced on or after that date. The Notary Bill amends New York’s Civil Practice Law...Read More
An Asset Purchase Agreement (“APA”) is a legal document used when one company (the buyer) acquires the assets of another company (the seller). It outlines the terms and conditions of the sale, including the assets being transferred, the purchase price, representations and warranties, and various other provisions. Like any legal contract, there are potential pitfalls...Read More
On September 14, 2023, we published a blog post regarding the Real Property Condition Disclosure Statement in New York. On September 22, 2023, Governor Hochul signed legislation that struck the portion of the statute permitting a seller to give a purchaser a credit of $500.00 in lieu of the Real Property Condition Disclosure Statement. This...Read More
In the world of legal proceedings, understanding the distinctions between various motions is crucial for both lawyers and the parties involved. Two commonly used motions in New York State courts are the “Summary Judgment Motion” and the “Motion to Dismiss.” While these motions might seem similar at first glance, they serve distinct purposes in the...Read More
This week, the Second Department issued a decision in Alessina v. El Gauchito II, Corp., which serves as another caution for attorneys and their clients to pay mindful attention to the communications they exchange via email. The plaintiffs are current and former employees of restaurants owned by the defendant corporation. The defendant corporation’s principal was also named...Read More
In an ever-evolving job market, many employees find themselves facing the prospect of job loss due to various reasons, such as layoffs, mergers, or downsizing. When this happens, employers often offer employees severance agreements as a way to provide financial compensation and other benefits in exchange for the employee’s agreement to certain terms and conditions....Read More
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